CHS Inc. (NASDAQ:CHSCN) Short Interest Down 62.8% in August

CHS Inc. (NASDAQ:CHSCN) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 16,094 shares, a decrease of 62.8% from the August 15th total of 43,275 shares. Based on an average daily volume of 20,314 shares, the days-to-cover ratio is presently 0.8 days.

CHS Stock Performance

CHSCN stock traded up $0.06 during trading on Friday, hitting $25.24. The company had a trading volume of 16,763 shares, compared to its average volume of 22,697. The firm has a 50-day moving average price of $25.09 and a 200-day moving average price of $25.14. CHS has a 12 month low of $24.59 and a 12 month high of $25.60.

CHS Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given a dividend of $0.4438 per share. The ex-dividend date is Wednesday, September 16th. This represents a $1.77 dividend on an annualized basis and a dividend yield of 7.0%.

About CHS

CHS Inc is a diversified global cooperative owned by farmers, ranchers and cooperatives across the United States. Established in 1931 and headquartered in Inver Grove Heights, Minnesota, the company operates through a network of locally owned cooperatives, agribusinesses, and operations in energy, grains and foods. As a member-owned organization, CHS focuses on adding value for its owners by providing marketing, distribution and processing services that help rural communities thrive.

The company’s business activities are organized into three primary segments.